County or district agricultural associations

Official textiga.in.govlast amended 2018

Sec. 26. (a) Subject to the limitations contained in subsection (b), the following tangible property is exempt from property taxation if it is owned by a county or district agricultural association of this state:

# (1)

A tract of land not exceeding eighty (80) acres.

# (2)

The improvements situated on the tract of land.

(b) This exemption does not apply unless:

(1) the association is organized under IC 15-14-3-1; and

(2) the property is exclusively used and occupied for the purposes specified in
IC 15-14-3-1.
[Pre-1975 Property Tax Recodification Citation: 6-1-1-2(7) part.]

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.86-2018, SEC.40.

Amendment history

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.86-2018, SEC.40.

Source: view the official text

Nearby sections (25 sections)

6-1.1-10-16.7 · Real property exemption; expiration
6-1.1-10-16.8 · Exemption of the basement area of dwellings located in…
6-1.1-10-17 · Memorial corporation property
6-1.1-10-18 · Nonprofit corporations supporting fine arts
6-1.1-10-18.5 · Nonprofit corporation property used in operation of…
6-1.1-10-19 · Public libraries
6-1.1-10-20 · Manual labor, technical, or trade schools; colleges
6-1.1-10-21 · Churches or religious societies; attestation of exempt use
6-1.1-10-22 · Dormitories of church colleges and universities
6-1.1-10-23 · Fraternal benefit associations
6-1.1-10-24 · Fraternity or sorority property
6-1.1-10-25 · Miscellaneous organizations
6-1.1-10-26 · County or district agricultural associations
6-1.1-10-26.5 · Agricultural organization; land on which a county fair…
6-1.1-10-27 · Cemetery corporations; churches; religious societies
6-1.1-10-28 · Free medical clinics
6-1.1-10-29 · Repealed
6-1.1-10-29.3 · Repealed
6-1.1-10-29.5 · Repealed
6-1.1-10-30 · Repealed
6-1.1-10-30.5 · Repealed
6-1.1-10-31 · Repealed
6-1.1-10-31.1 · Repealed
6-1.1-10-31.4 · Repealed
6-1.1-10-31.5 · Repealed

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